I think there is no point in dual listing in Singapore or London as has been suggested here. That just amounts to unnecessary complication ansd expense, for no obvious gain. The only dual listing that makes sense for WBT is the Nasdaq. Personally I think it is virtually inevitable. But right now we don't need it. We have a good 2 years of cash runway remaining.
Nor are we ready for it. First we need to land some big OEM customers in the embedded market and get that SP solidly up. We also need to have a discrete product ready for commercialisation. Otherwise there really is no rationale for a Nasdaq listing.
The Nasdaq provides access to a deep pool of investment funds, but that means dilution. We have to be sure that it is worth it. For those who think the Nasdaq is an automatic path to riches, take a look at NVX and MSB.
All IMO.
I think there is no point in dual listing in Singapore or London...
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Last
$2.30 |
Change
0.040(1.77%) |
Mkt cap ! $434.2M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.39 | $2.27 | $1.928M | 827.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1300 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 2722 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.040 ( 2.07 %) |
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| Open | High | Low | Volume | ||
| $2.32 | $2.39 | $2.27 | 112055 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| WBT (ASX) Chart |